In Brief
The Supreme Court allowed the Revenue's appeal against the High Court's dismissal of its appeal in an income tax case arising from a 1997 search operation. The Court found that while the High Court heard both parties, it failed to frame or answer any substantial questions of law, nor did it assign reasoned grounds for dismissing the appeal. This violated procedural requirements under Section 260A of the Income Tax Act. The Court remanded the case to the High Court to decide the appeal afresh on merits, emphasizing that appellate orders deciding disputes must contain reasoning and grounds, not mere conclusions.
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